Export volume inside this Freeport continues to be attractive as top exports show increase in number compared to the same period in January and February last year.
In the business updates from the CDC’s Marketing Department, the export volume in the first two months this year have already reached more than $594.2 million.
In the business update present to Clark Development Corporation Chair and Officer-in-Charge Eduardo Oban Jr., on January this year Korean firm held the number position following export volume of more than $102.1 million of Phoenix Semiconductor Philippines Corp. (PSPC).
PSPC is also a semiconductor firm with more than $1billion committed investments inside the Freeport zone.
While Nanox Philippines, Inc. was placed second in the opening month of the year with more than $72.9 million exports volume of the Japanese firm.
But Nanox rebounded from being number two in the first month to number one in the month of February with more than $118 million exports on the various semiconductor products being manufactured the Japanese firm in Clark.
Korea’s PSPC fell to number two in February with $96 million exports volume.
Other notable firms with significant exports volume in the first two months of the year were Yokohama Tire Philippines, Inc. with a total exports of $54.3 million export products ($12.8 in January with $25.5 export in February); Lhuen Thai Philippines (LNT) with more than $30.2 million exports volume ($13.6 million in January, $16.6 million in February); Hld Clark Steel Pipe Co. Inc. with $19.5 million exports in two month )$6.8 million in January and $1.7 in February; SMK with
$12 million exports ($5.2 million in January and $7.2 in February this year).
Last year, the business update reports that export volume on January and February only reached $244.3 million ($111.3 million in January 2011, $133 million in February).
Source: CDC Public Relations Department